making news in america this morning. market rebound. stocks surge along with many portfolios, surprising even market traders. where will the markets go today? deadly clashes. three coordinated attacks, creating chaos. and louisiana promise. the president visits a resurgent new orleans today. but some say it's too little, too late. it's thursday, october 15th, 2009. good morning. linsey davis, in for vinita nair.

>> around the world overnight, the markets have been up. the major exchanges in tokyo and hong kong were up triple-digits. >> it comes after the most famous indicator. the dow jones industrial average closed over 10,000. >> john hendren has the details. >> reporter: wall street is back. back over the 10,000 mark. in territory the dow hasn't seen in over a year. >> 10,000 is basically a psychological barrier. >> reporter: a psychological barrier, first crossed a decade ago. but it's the latest sign of an economic turnaround, that's nothing short of striking. >> the fact that we hit 10,000 today, gives you the idea, or the sense of the resiliency of markets. >> reporter: since bottoming in march of this year, the dow has soared 53%, almost 3500 points. a broad-based advance, led by financials and technology companies. as wall street celebrates, main street has been slower to heal. >> there's still tons of people

look for jobs. i work in a restaurant. i'm a server there. we have people that used to be execs that are looking for low-wage jobs. >> reporter: the pinch is felt in places like fitch berg, massachusetts, where the city turned off half its lights to save money. and in chicago, where the champion cycle center had its merchandise repossessed, the casualty of declining sales. >> this is a bad time in this country for small businesses. >> reporter: rising earnings from google and goldman sachs are expected to wow wall street today. but economists say it could be a long, slow recovery on main street, where unemployment is at a 26-year high. jeremy and linsey? >> john hendren, live in washington. thank you. we're following a developing story out of pakistan this morning. a series of deadly attacks that have left at least 26 people dead. in the eastern city of lahore, teams of gunman attacking pakistan's counterterrorism agency, attacks three, separate facilities. 18 people were killed in the

assault. and in the town of kahot, eight people died in a suicide car bombing. the wave of violence comes and is aimed at curtailing government strong holds in pakistan's border with afghanistan. the terrorist akized of a plot in new york city, had reported high-level associations. najibullah zazi had al qaeda connections that reportedly went up to osama bin laden. it's not clear whether his contact was to offer encouragement or to help with the plot. president obama is said to be weeks away from deciding what to do with u.s. troop levels in afghanistan. during a three-hour white house meeting yesterday, the president and his top military and diplomatic advisers, discussed strengthening afghanistan's police and army. secretary of state hillary clinton participated in her trip to russia. she talked about afghanistan, with our cynthia mcfadden. >> i'm still, you know,

considering all the different aspects of making this decision. and i will, you know, be prepared to offer the president my best advice when he asks for it. >> reporter: but if he asked tomorrow, would you know what you are going to say? >> probably. >> clinton shared a somewhat surprising revelation about her access to the president. while insisting she's definitely the president's number one foreign policy adviser. >> i am shocked at how much time i spend in the white house. you know, for people on the outside, the idea of going to the white house for a meeting must seem like the most important, serious, even glamorous kind of thing to do. but i've been there so much, it's -- i see that my schedule, i have to go to the white house again. >> clinton says she's not frustrated at the state department. and she has no interest in running for president again. the struggling city of new orleans gets some high-level attention today when president obama arrives for a four-hour visit.

residents say while they welcome mr. obama, they don't want their neighborhoods turned into just another presidential photo op. here's karen travers. >> reporter: mr. obama promised his administration would not repeat the mistakes of the bush administration. >> when i am president, i will start by restoring that most basic trust, that your government will do what it takes to keep you safe. >> reporter: today, the president will visit the martin luther king charter school in the city's lower ninth ward. that neighborhood was devastated by the floodwaters of katrina. mr. obama will hold a town hall meeting with local residents. he may face tough questioning. before he steps foot on the ground in louisiana, critics in the region have taken aim at mr. obama, for waiting nine months to visit, visiting for four hours, and skipping mississippi and alabama, that were also devastated by the 2005

storm. >> to judge what you're continuing to do. >> reporter: the image of george w. bush peering out a window of air force, looking at the damages of katrina, is still fresh in the minds of gulf coast residents. one local scholar said the obama administration is risking its own glorified fly-over. since taking office in february, the measures to free up aid, has freed up $1 billion for recovery projects in louisiana. and policy analysts say that's what really matter, not a presidential photo op. california gets a nice, warm day to dry out after getting battered by a powerful storm. high winds and heavy rain triggered widespread flooding. still, nearly 1 million people lost power. more than 500 car accidents were reported in los angeles county alone. and now, for this morning's weather from around the nation. an early nor'easter from washington, d.c., to connecticut. rain, flooding and 50-mile-per-hour winds, plus snow, in parts of pennsylvania

and new york. a mix of rain and snow from ohio to minnesota. thunderstorms and severe weather from texas to tennessee. rain and snowshowers in the pacific northwest. >> 62 degrees in seattle. 63 in portland. and 75 in sacramento. just 38 degrees in fargo. 50 in st. louis. 40s from boston to baltimore. a record 92 degrees in miami. 87 in new orleans. and 75 in dallas. and coming up this morning, americans hiding income in foreign banks have just hours to come clean to the irs or else. slimmer sodas. coca-cola's new plan to help you cut back. and maria's admission. california's first lady responds after being caught on camera breaking the law. while i was building my friendships, my family, while i was building my life, my high cholesterol was contributing to plaque buildup in my arteries. that's why my doctor prescribed crestor.

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carnation instant breakfast essentials. wall street will be looking toward another batch of earnings reports today, as it looks to keep the momentum going, after the dow broke through the 10,000 barrier. tokyo's nikkei average surged 1.8% today. hong kong's hang seng is higher. different story in london, where stocks opened lower. and of course the dow begins the day at 10,015, after soaring 144 points yesterday. the nasdaq claimed 32 points to close at 2172. stocks may be soaring. but the housing market is still going in reverse for many. a record number of americans were in danger of losing their homes to foreclosure last quarter. new figures show nearly 938,000 homes got some form of foreclosure filing during that period, up 5% from the second

quarter. california, florida, arizona, nevada, illinois and michigan accounted for more than 60% of all foreclosure activity during the three-month period. well, coca-cola is responding to the growing health concerns about soda. the company is launching 90-calorie minicans of soda. they'll debut in new york and washington, d.c. in december and appear nationwide by march. the cans will be 7 1/2 ounces, compared to the typical 12. and they'll be sold in eight-packs. today's "new york times" tech report, a new way to share your photos. nikon has released a digital camera with a built-in projector. "the times" sam grobart says it's not the most powerful projector. but it does the job. >> it makes it convenient and easy to share photos with people, particularly on the fly, shortly after you've taken them. the problem with the s-1000, is it's an amazing feature to project on to a wall. but as a camera, it's okay.

it's not a terrific camera. >> the camera sells for about $430. you can read a full review of it on "the new york times" website. next on this thursday morning, thousands of tax cheats fess up to the irs before major deadline today. and rush limbaugh finds out if he'll be an nfl owner. i was active, eating healthy. i thought i was ingreat shape. so i was surprised when my doctor told me i still had high cholesterol. that really hit me, and got me thinking abut my health. i knew i had to get my cholesterol under control. but exercise and eating healthy weren't enough for me. now i trust my heart to lipitor. (announcer) whn diet and exercise are not enough, adding lipitor has been shown to lower bad cholesterol 39 to 60%. lipitor is backed by over 7 years of research. lipitor is not for everyone, including people with liver problems and women who are .nursing, pregnant

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filed income tax extensions. >> but it's also the last day to comply with an irs mandate to disclose offshore bank accounts or risk jail time. so far, 7,500 people have come clean or applied for amnesty. abc's brian ross investigates. >> reporter: it's already too late for the multimillionaire accountant who lives in this waterfront mansion in boca raton, florida, and who had $7 million in a secret bank account in switzerland. the irs learned of steven rubenstein's account before he could turn himself in. and now, he faces three years in prison on tax charges, a case that serves as an implied threat from the irs. >> so, it's either get in now or face prosecution later. >> reporter: rubenstein was the first of potentially thousands of u.s. citizens whose names are being turned over to the american authorities by the giant swiss bank ubs, which abandoned its policy of secrecy when faced with possible prosecution itself.

>> we have clients on that list. and they are quite angry. and in their view, betrayed by the bank, in terms of having their information turned over. >> reporter: two weeks ago, ubs sent this final notice, setting off a kind of panic among its american customers. "your account with ubs," it said, "will be secret from the irs no more." was it a kind of panic that you saw? >> yes. yes. panic, crying, hysteria. >> reporter: now, with the midnight deadline nearing, officials at the irs say there is a surge of people, beyond just ubs customers, willing to pay stiff penalties to avoid prosecution. >> right now, we're seeing disclosures about banks. 240 banks in 70 countries. >> reporter: the irs will only go back seven years for back due taxes. for those who have had secret accounts for ten years or more, they can pay the penalty, take

the forfeiture and come out well ahead. for some, crime will pay. brian ross, abc news, new york. they're still processing amnesty applications for the irs program. millions of older americans could get a $250 payment if president obama has his way. the president is urging congress to approve the money to help seniors who won't be getting a social security increase next year because of the recession, it's the first time since 1975, that there's been no cost of living increase. new math scores show that for the first time in two decades, fourth graders failed to improve. 39% of those students were at or above the proficient level. scores for eighth graders advance for another year with a 34% proficiency. education officials call the results troubles and blame poor training of math teachers. in massachusetts, for example, 55% of the math teachers failed the math portion of their assessment. california first lady maria shriver is apologizing for

breaking the law after getting caught using her cell phone behind the wheel. shriver also promised to donate her cell phone to a domestic violence prom, a day after tmz photos showed her driving and talking without a hand - free device. rush limbaugh has been dropped from an investors group trying to buy the st. louis rams. the head of the group says limbaugh's inclusion had become a distraction and a complication. the talk show host had drawn a firestorm of criticism from within the nfl and civil rights activists. limbaugh blamed the controversy on those who wanted to destroy conservatism. baseball playoffs resume tonight, as the dodgers host the phillies in game one of the national league championship series. as for last night's sports, here's mike yam at espn news. >> good morning. we start with college football. boise state matching up against tulsa. golden hurricanes have lost every, single time they've taken on the broncos.

first quarter, boise state, in the red zone. and kellan moore, finding his receiver, tommy gilarda. boise state up 8-7, after the two-point converse. broncos first possession for the third quarter. moore, fakes the handoff. his second touchdown of the game. broncos have won 18-straight games. team usa hosting costa rica. fans honoring charlie davis, who was seriously hurt in a car crash. 20th minute, no score. ryan ruiz, beats his defender and beats tim howard for the goal. 1-0, kos is a r tariq is a. ruiz, left foot. it's a rifle shot. two goals in about four minutes' worth of time. costa rica up, 2-0. 71st minute. landon donovan, shoots. michael bradley, right place, right time. usa cut the lead to one.

scary moment for defender. goes up for the header. comes down awkwardly. a torn knee tendon. going to be out three to four months. costa rica coach, taking too long in a substitution. it would cost his team dearly. jonathan bornstein, the header. honoring the teammate, charlie davis. that will do it for sports. back to you in new york. it was a wild moose chase for place in fargo, north dakota. >> a moose meandered into the downtown area, just in time for the morning commute. the big guy seemed safe enough. they managed to tranquilize the moose and take him to a different location. they did tranquilize him several times. >> taking no risks with that big guy. looks like it took a lot to get him to quiet down and calm down. no threat, though. everyday occurrence in places

like fargo. up next, a look ahead at the stories we'll be following today, including after teams of gunman launched attacks in pakistan earlier today. and getting closer to a deal. what's next in the battle for a health care bill? now your card comes with a way to plan for what matters to you. introducing blueprint. blueprint is free and only for chase customers. it lets you choose what purchases you want to pay in full to avoid interest...with full pay. and those you split... you decide how to pay over time. if having a plan matters. chase what matters. create your own blueprint at chase.com/blueprint. 6 years. i've had asthma forever. i never knew why my asthma symptoms kept coming back... ...kept coming back... ...or that i could help prevent them in the first place. the problem was that my controller medicine... ...was treating only 1 main cause of asthma symptoms.

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they're really loud. car flaps, sure. no, no, no. carfax. show me the carfax. a carfax report can help you choose a great used car. it's free at thousands of reputable dealers. just say, "show me the carfax!" and now, a look ahead at the stories we'll be watching on this thursday here at abc news. pakistan's government is vowing to maintain its crackdown on terrorism, after a suicide car bombing in northwest pakistan killed at least eight people. and a series of attacks on police facilities left nearly 20 people dead earlier today. here at home, the dow opens this morning above 10,000 for the first time in over a year. new earnings reports from goldman sachs and google are expected to drive today's trading. president obama fulfills a campaign promise by making a trip to the still-struggling city of new orleans. critics say the visit is too late, too short.

and does not include mississippi or alabama, which were also hard-hit by katrina. the first lady travels to florida, attending an educational awards event at miami-dade college. then, mrs. obama meets with a military family. top white house aides and democratic leaders in the senate huddle over two versions of health care reform legislation. the issue of whether to include a public option still needs resolving. today is the irs deadline for taxpayers to disclose any secret, offshore bank accounts or risk jame time. so far, 4,700 tax cheats have come clean. coming up on "good morning america," valerie bertinelli is back with us. she tells us how she's managed to keep off the 40 pounds she's lost. and she'll share some of her delicious recipes. >> once again, coming up on "good morning america." >> probably good advice. she looks terrific. >> she does. for some of you, your local news is coming up next. >> for everyone else, "america this morning" continues right

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well, find the money, you can have it. we have a pension problem in baltimore city. you'll hear of an idea that may save us all from violence in baltimore city. we'll tell you about it, coming up. you look at yourself in the mirror and your closet. can you get into that size 2 dress? if you can't don't feel bad. that's the message on this thursday morning. thank you for joining us on "good morning maryland." i'm megan pringle [i'm jamie costello. man, the weather is going downhill. >> i saw kim brown walking. she doesn't look happy. she's not a fan of the chilly weather. justin berk, what do you

have to say for yourself? >> i apologize for what you're about to see. i want to take you back in time to yesterday to remind you how pretty it looked before the ill scene we have developing upon us. we had clear sky in the morning and we brought the clouds in. clouds thickened up and they were giving way to a brief shower during the afternoon hours. those have given way to a chilly start this morning. 41 westminster. ellicott city and aberdeen. a little shower passing to the north but we have more showers this morning and we're expecting steadier heavier rain in the upper 40s this afternoon. here's kim brown. >> i did take my coat off. thank you. as we look at the outer loop at liberty road, no problems on 695 at this hour but we have construction around the area, southbound on the harrisburg expressway between timonium road and beltway, you'll see the left lane closed. and northbound 95 after key highway